⭐️ Get your Darwinex Zero Account at the lowest price of just €38 sign-up fee, with an additional 20% discount when you use the Coupon Code PETKO: https://eatradingacademy.com/s/tDIgRIn this episode, Petko Aleksandrov sits down with Ilan Vardy to unpack one of the most common questions in the algo trading world: how do you choose the right expert advisor—especially if you’re just getting started? They cover the full journey from understanding what a trading robot actually is, to picking your first EA, testing it safely, and knowing what to avoid. Ilan shares practical steps beginners should follow, including how to use demo accounts, filter robots on the MQL5 marketplace, and evaluate backtests and verified track records. They also discuss capital allocation, the dangers of unrealistic expectations, and the importance of risk diversification when building a portfolio. Whether you’re working with $50 or $5,000, this episode gives you a clear, honest framework for getting started with EAs the smart way—without falling for the hype.👉 Dark Nova, Dark Titan, Dark Algo and Dark Gold are available here: https://link.eatradingacademy.com/xnAzrRemember to use the coupon code *PETKO10* for a 10% discount on any of the Dark EAs✨Get the Dark Mimas and other free Dark EAs from here: https://link.eatradingacademy.com/YMHZt00:00:00 Intro 00:01:33 Ilan’s background 00:02:16 Why Ilan started 00:02:41 Starting from zero 00:02:56 Learning from courses 00:03:07 Discovering EAs 00:04:41 EA Academy results 00:05:10 Support from real traders 00:05:51 Building the EA Academy team 00:06:14 Real-time trader interaction 00:06:57 Picking the right EA 00:07:13 Where to get EAs 00:07:31 Best EAs for beginners 00:07:49 Tips for new traders 00:08:27 What is MQL5? 00:08:55 What to check in MQL5 00:09:10 Are free EAs worth it? 00:09:50 EAs by asset type 00:10:17 EA ratings and reviews 00:10:51 Verified track records 00:11:11 EA selection checklist 00:11:27 Why track records matter 00:12:13 When there’s no track record 00:12:34 Too many track records?00:13:02 Money-back guarantees 00:13:12 Free EA trials 00:13:44 Choosing your EA type 00:13:50 Risks with Grid Martingale 00:14:06 Risk tolerance in trading 00:15:27 Demo trading basics 00:15:45 Ilan on demo vs live 00:17:05 Demo vs live accounts 00:17:29 What is Darwinex Zero?00:18:24 Darwinex allocations 00:19:38 Allocating $1K for EAs 00:20:17 Cheap EAs that work 00:21:00 Flexible EA licenses 00:22:23 How many EAs do you need?00:22:47 Trading with multiple EAs 00:23:45 EA diversification strategy 00:24:32 What happens after you choose an EA?00:25:39 Backtest customization 00:26:51 EAs for small accounts 00:27:21 Minimum capital needed 00:28:50 Avoiding fake promises 00:30:11 Realistic profit targets 00:30:51 Don’t trust huge-profit EAs.00:32:04 Core trading rule 00:33:13 Ilan’s 7-step list 00:34:01 Track record manipulation 00:34:44 Outro 🚀 Join our VIP Club and become a part of a professional trading community: https://eatradingacademy.com/vip/☑️ Enroll in our FREE 21-Day Algo Trading Program, and learn to trade with robots: https://eatradingacademy.com/algo-program/✅ All our funded accounts' results are here: https://eatradingacademy.com/funded-accounts/✅ All of our live accounts' performance can be seen here: https://eatradingacademy.com/live-trading/⚠️Do your due diligence about which EA or strategy you will use for trading.❤️ Let’s connect on social:Our Forum: https://eatradingacademy.com/s/TWBKSFacebook: https://www.facebook.com/eaforexacademy/Instagram: https://www.instagram.com/petko.alexandrov/TikTok: https://www.tiktok.com/@petko_alexandrovLinkedIn: https://www.linkedin.com/company/33249615/Twitter: https://twitter.com/EAForexAcademy/✔️ Thanks for watching our podcast titled "How We Select Trading Robots." 🔔 Turn on notifications to never miss a new upload!⚠️ DISCLAIMER: Some links included in the description might be affiliate links, so I migh